10/19/2023
Alpha Innovations subsidiary links up with Down Range Capital
Down Range will leverage the AIGI team and infrastructure to further institutionalise their offering.
Alternative Investments
10/19/2023
Man Group AUM surpasses $160bn for the first time
The firm's alternatives business grew by $10.9bn during the period, thanks to $700m in net inflows and $300m in total returns with $9.9bn attributed to FX impact.
10/18/2023
Gallagher bolsters international capabilities with acquisition
Acquired firm has offices across the globe
10/18/2023
Peltz's activist hedge fund builds stake in Allstate
Insurance giant faces potential shakeup amid catastrophe losses
10/17/2023
WisdomTree launches US Efficient Core ETF in Europe
The ETF tracks the price and yield performance - before fees and expenses - of the WisdomTree US Efficient Core UCITS Index.
10/17/2023
Goldman Sachs tops estimates on stronger-than-expected bond trading
Goldman cited strength in interest rate products and mortgages, which helped offset declines in trading of currencies, commodities and credit.
10/17/2023
Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
Shares of the bank inched up 0.3% at $315.30 in volatile premarket trading.
10/17/2023
Bank of America tops profit estimates on better-than-expected interest income
The bank’s provision for credit losses also came in better than expected, at $1.2 billion, under the $1.3 billion estimate.
10/17/2023
Eisler Capital: The 'intellectually honest' hedge fund paying millions
Nearly eight years later, Eisler is still at the helm of his pseudonymous fund, but the operation beneath him has changed dramatically.
10/17/2023
Blackstone completes largest ever sustainability-linked loan for Australian logistics
The $930 million facility has been arranged against the firm’s real estate portfolio, marking the largest loan of its kind to Australia’s logistics and industrial sector.
10/17/2023
Blackstone’s Kathleen McCarthy Confident Amidst Uncertain Commercial Property Sector
Blackstone has made strategic changes over the past decade that have positioned its property division for success.
10/16/2023
“Now Is the Time to Start to Look for Assets” Say Co-Founders of a New Real Estate Investment Platform
Recently launched Alpaca Real Estate plans to take advantage of the dislocation in capital markets to invest in sectors with strong operating fundamentals and drive alpha through “innovative operating platforms.”
10/16/2023
Satovsky Asset Management Increases Stake in Tesla
Other hedge funds and institutional investors have also made changes to their positions in Tesla.
10/13/2023
T+1 settlements: a new era for U.S. securities transactions
The shift to T+1 settlement represents a watershed moment for the securities industry.
10/13/2023
GDS Wealth Management Expands Investment Portfolio with Purchase of Vanguard Short-Term Corporate Bond ETF
This purchase indicates a notable addition to GDS Wealth Management’s investment portfolio and represents approximately 4.0% of their overall holdings.
10/13/2023
Managing currency risk for cross-border clients
Advisor breaks down how he ensures stability in portfolios against a changing CAD
10/13/2023
Wall St climbs after big banks post strong earnings
Asset manager BlackRock dipped 1.5% after posting a sharp drop in third-quarter net inflows.
10/12/2023
Encouraging more Hispanic advisors: Insights from a $1B firm founder
What can the investment and wealth management industry do to boost diversity?
10/12/2023
Asset managers boost ETF assets via active fund launches, conversions
The moves demonstrate the eagerness with which asset management firms that are relatively new entrants are embracing ETFs, which are cheaper and more liquid for investors than traditional mutual funds.
10/12/2023
Goldman Sachs to take Q3 earnings hit on GreenSky sale
The deal, set to close in the first quarter of 2024, includes the GreenSky technology platform and associated loan assets.